Qualcomm Incorporated, the American multinational semiconductor and telecommunications equipment company has announced on Saturday that the company is planning to open its largest campus outside the US in Hyderabad.
The Company’s officials Shashi Reddy, Vice President (Engineering) and Chandra Shekar Kumili, Director (Operations) met IT and Industries Minister KT Rama Rao on Saturday to discuss their growth plans in the city.
“Qualcomm will be investing $400 million (Rs 3,000 crore) to set up their campus in Hyderabad, Telangana. This is one of the largest investment by a marquee company after the formation of the state,” it said in a release.
Phase-1 of the project would include a built-up space of 1.7 million square feet, housing about 10,000 employees, it said.
IT Minister KT Rama Rao said “By setting up its Mega campus in Hyderabad and its largest globally after its HQ in San Diego, Qualcomm now joins the elite list of companies that have their largest presence globally outside of their Headquarters in Hyderabad. We have the Apple, Amazon, Google, Microsoft, Facebook, and now Qualcomm. This list will only increase as they are a few more in the pipeline that we are working actively with. This is indeed a big boost to the state of Telangana, the Electronics, and Semiconductors Industry and the ecosystem of Operators, OEMs, Regulators, Startups and R&D Engineers.”
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